Telegram-herald., 1887-03-18
BUSTED, BY GOSHI"
Walter E. LaWton, OF New
York. Fiees 70 England
LnTHGlEsTS 81 TSEHILLl0s BEHIND
Ore 81 Nsn1 fsr<s Greatest Business
As=a AID Supposed Aiiiionaires
ynabis 70 Stem ths Tide OF
f--t4lstoFy of "a
6usiasss Ventures.

Nze YoaK. Mach l7-Ths hight Of
Waiter 3 LaEtoa. ~ only partner il ne
drm ai laztsa. B7os, dealer. Ia fertilizers
81 81 Brf..iEsY shieE sas ussis public 10
saq Eas = lfsaf slrpr'se in nercaa1ie err
c.es lie aat beea in business iortg-one
Years slla 8 .oas fnt ho1ofaoie c4Feef. snd
s8s regarded ts q laiIl.0nalre. ts came -
tha country iram s1z.aad .a i.'3, ne Das-
mess hasias aeen sstsslisasi la i-ih Tie
stys Has LaNfga Brothers ne hfrn con-
Inn ~ ap b s3g Eaeu Walter = La~-sn
sr...r o. ..l ~ che 1lsness tl1 ass since c0n-
d1et +. alsls fis hsd very large o4sl-
n.-s. al ssas anionE tae te4lins meu ia the
fertilizer ..s.ie Ni tls cay he 80. Inter
-siei ID au.aaf9as olAeF CONCERNS hs e -
: eeaefal partner la tls irm of James >.
Fsran 81 Co.. buiders q sts works. aud is
+. aid TOOK a0olf $4,000 ia 0outs and
stocks oal ~ IRE nfm s.fe,
sh.eh be appropriated 70 bis o~n use.
kle ass fhe president and treasures ~ the
N4f4lsa fhasnhafe Company and IS report
"a .o have ased the Company lniiorsS acnt
freely tns company uas iuc0rooratrd
-eut. 8 i,ff wIfh a eaoilAl stock oi $500
oie Nhlcn Haa redaeeI in l,st 20 t-llV.-
ae0 Ar iAEf0o "a said % have the con
tr0liiur ir .rfesl lu the company, and the
Isfisr aas iaiei esteed in tns SaYasaa Guano
&C.,. ths fhesalesae tiuano Co.,. the Georgia
CLsmira NaIks. and the kesiI Fertilizer
Co Ils siant 81 NaVassa. ia the CARR
bean -et IA reported Cd have cost the Nayas-
90 10 splala lompany ~ 1000. The
eon Eatq Paid zood dividends and Mr.
fas tol sas SUPPOSED 10 have made good
dsal o. money out of the concern lie Was
on- 81 the iBeospoTators Of the
Delta AzoUa Company. fertilizers,
W. ch nts Incorporated ln i-sj, WITH a cap
Hal ~ siaUac. The company erected a
factory On ths Hsckeusick river AZ Delta,
N ani Mr. Lagton owns the land on
whieh +. Nas erected Mr. LawtOn made
tas DlI1sing statement 20 Bradstreets :
Aug 1i isrf "A regard myself az worth
fully ole mlliol dollars aud even more.
ara 81 % tiaieti5 I sEe sxc-edi ng slO0O OSl,
fhe paw msaI of HhiCa Is provided Tor oy an
insaralce 81 Sft5tt on my life, made pay
abe ts ths holders Of such OBLIGATIONS
should there be any a. my death. DO this
10 protect fuY Investments aud estate from
saeritcs ard The interruption of my ouss-
ness and such cause as statsd.' Mr.. Law
Ton oSue1 about 80 acres of land near
R.deehes. ~ j.. known as Del'a, which he
valued al soUttU but which c 81 him
5000. Hea'sO Srled a house At Spuyten
WyFel, ~ r.. bad property AZ Chelsea.
Mas. and vas Interested IA Gas con-
Iany al Atlanta aud Macon, Ca
The bret public know edge Of Mr.. Law
tons iighf ses obtained through the at
tachmenis which were granted by Judge
uonohls. of the Supreme Court. The az
xre<s's of t1ii 90 And the sheriff took pos
session 0i what assets be could nnd. The
hr8E attachment ~as iu favor Of the Delta
Azoin 60 Tor SliZooo. Of this amount
Sl01 90 Nas the proceeds OF prOmisory notes
which he haG discounted and spps0pri ited
90 bis own use. and $500 WAS deposited
in BIS care or heha,l 0I the company on
Tuesday bY Presidents Jones. The next ar
fachusnt was IN favor Of the Chemical
Amnonfis q Ol 20. for st2Seo. Of which
Si-o 0NO was the procseis OF notes pocketed
0q Mr LaWf0u aal g. coo cash. The third
attachment VAS ~ favor oi Loot A an
Wvck iot $3.50 for professional services.
Nr Iauton was lasr seen at the
Grand Central Dfoo- on Tuesday evening
- Erfs Y. kirSi4ud his cashier Hs
old ths latter talt he had drawn an bis
money from the haux where be hal &C.
counts Nari1us theories are advanced as
% tle cause az bis H2lt. bat nothing def
nlte ls known ressrdiuE it. lie - said 70
have lose money in speculation. The gen
era impression s that re became inv0.TsJ,
and beinr pressed be- took wnsl money ne
f.'.... .f. A| a tIIa|NH tN.A Ntt At -
ta11rht be has gone 90 E1glsnd. The
amount oi bis liabilities il varI0u7iv esti-
matsf AZ from k0A0o0 % SicW 90. aut il
"a th1uzof ihtt the sesgal liabilities Hil 1os
exceei tos former fzurs. The amounts he
bts o1tiinsi on notes from he var ous
banks IS Known to bs Ar least $4,000 The
American Exchange bank holds So $50 of
business paper anaer discount. some the
Gaemirsi Com ganT and some other paper
par esasved 90 be good and the other PROB
lei1lticsL
The rniied States Trust Company has
f'5 D1 bills receivable With Lsw50n Pro :
endorsement The Fourn National Bank
haf discounted luur notes receivable en-
do~cd hv Iawfor Bro< as-Eregatin Z
sffr-7 fhev we're al business paper snd
~rrs secured The Commercial Nations.
Bank has s. 30 ~ his bills receivsoiss and
some collected fitus Mead. note broker af
So. 80 HaIst negotiated great deal 1i
f1vf1n hrs paper fcr years past. Mr..
Mesi said tnaf he aed ont now ess than
sIauHo of rfcei fshIss bearing III. isxton =
endorsements TIE Delta Afotin Co. has
al lchai Nr iswt1r p0pertr st Delta.
anf tfa heree at Stnvteu NrvVeL Hr.
rartou q ss.i 10 D. ssoot 81 years of age.
end las been . NiieNer f0r about tao
r.are